The Financial Accounting Foundation (FAF) has appointed Daryl Buck and Harold (Hal) Schroeder to the Financial Accounting Standards Board (FASB). Buck is currently senior vice president (SVP) and chief financial officer (CFO) of Reasor’s Holding Company and Schroeder is currently a partner in Carlson Capital.
Buck brings 18 years of private company experience in financial reporting, planning and analysis to the FASB. Earlier in his career, he led audit engagements at Arthur Andersen & Co for a diversified group of financial and industry clients, both public and private. Buck has also served as a member of the Private Company Financial Reporting Committee, an advisory group to the FASB, and more recently served as a member of the Blue Ribbon Panel on Standard Setting for Private Companies.
Schroeder has a diverse investor and financial reporting background and has served over the past 30 years as a senior equity analyst, a CFO, and an audit partner at Ernst & Young. As a senior portfolio manager for the past 11 years, Schroeder oversaw financial services investments at Carlson Capital, a Dallas-based alternative asset management with over US$6bn of assets under management. He also served as a member of Carlson’s investment and management committees and as a member of the FASB’s Emerging Issues Task Force.
Buck is a certified public accountant (CPA) and graduated summa cum laude with an accounting degree from Southeastern Oklahoma State University. Schroeder is a CPA and holds an undergraduate degree from the University of New Orleans and an MBA from Tulane University.
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